A Quick Solution To The Problem Of Missing Credit Card Receipts

We’ve all been there, on one end of the conversation or the other: it’s the end of the month and the finance team is missing receipts for charges on company credit cards. Cardholders get a list of undocumented purchases and begin the scavenger hunt. Some are easier to find and forward to bookkeeping, such as online purchases that had an email receipt. Perhaps it was a recurring charge for some software or other subscription; that too should have either an email receipt or documentation available for download from the provider’s website. Some … Read more

New Canva Features

I know many of you use Canva , so I’ve got some great news for you! Canva is a great tool for nonprofits to create everyday design assets such as social media posts, digital display ads, email headers, etc. Best of all, the premium version is free for nonprofits! (If you aren’t taking advantage of this already, run — don’t walk — to sign up!) (Note: It is important to use a tool like Canva to create graphics that are in keeping with your branding. I do not recommend using Canva in … Read more

You Probably Need To Be Spending More On Overhead

For decades now there has been a belief that the lower the ratio of non-profit’s overhead expenses to program expense, the better run the non-profit is.  As a result, a low overhead ratio has been viewed as something of a virtue and non-profit organizations have used all sorts of accounting tricks and parsed terminology in an effort to  redefine what constitutes an overhead expense. Likewise, funders have rewarded non-profits who can exhibit low overhead expense ratios or they disallow the use of funding for overhead altogether. This has created what many have … Read more